Wells Fargo boosted the price target for Deere & Company (NYSE: DE) from $485 to $510. Wells Fargo analyst Seth Weber maintained an Overweight rating on the stock. Deere shares fell 0.5% to $431.08 in pre-market trading.
The latest batch of inflation data sent U.S. Treasury rates to the highest level since November and the SPDR S&P 500 ETF Trust (NYSE: SPY) lower once again this week.
U.S. stocks traded lower this morning, with the Dow Jones dropping around 100 points on Friday.
Following the market opening Friday, the Dow traded down 0.30% to 33,594.11 while the NASDAQ fell 0.86% to 11,753.78. The S&P 500 also fell, dropping, 0.67% to 4,063.19.
NVIDIA (NVDA) - Analysts at KeyBanc on Friday said, "In semiconductors, we view NVDA as the clear outsized beneficiary of generative AI." To hear more from the analyst call, tune into